Looking for an accounting solution that saves time and money? Check out Synder App! Our review covers everything you need to know.
Running an e-commerce business is more complicated than setting up a shop and selling products. You also need to keep track of finances—which can be a complex, time-consuming process if you don’t have the right tools.
That’s where Synder comes in. Synder is an app that makes financial management easier for small businesses like online stores. It automates processes such as expense tracking, cash flow forecasting, and more, so you can spend less time stressing about numbers and more time growing your company.
But what is Synder exactly? In this article, we’ll review everything you need to know about the app: what it does, how it works, pricing information, features list, integration options—you name it! Learn more about this accounting tool and see if it fits your business correctly.
What Is Synder? An Accounting Solution for E-Commerce
We’ve all been there: you’re running an e-commerce store and have to deal with a complex system of invoices, taxes, payrolls, shipments, and more. It’s a lot to handle—and it gets especially tricky when you need to manage it from multiple platforms. That’s where Synder comes in.
At its core, Synder is an accounting app designed specifically for e-commerce businesses. In one platform, you can sync your accounts from different sources like Shopify and PayPal, consolidate your data into one easy-to-use dashboard, and manage everything related to your transactions. With Synder’s automation tools at your disposal, you’ll save time on bookkeeping tasks so you can focus on more valuable activities instead.
The best part is that Synder is more than just a glorified invoicing tool—it also offers features and integrations that allow you to keep track of sales tax payments, inventory levels, and customer refunds/returns. You can even set up employee payrolls and automated payment reminders for vendors! With Synder’s integrated solutions for e-commerce businesses like yours, you’ll be ready to take on the ever-changing digital business world confidently.
How Synder Works: Connecting Your Sales Channels and Bank Accounts
At Synder, they believe in the power of connection. That’s why they make it easy to connect all your sales channels and accounts in one place. Whether you’re using Amazon, Shopify, eBay, Etsy, or others – Synder makes it simple to instantly sync them with your banking accounts and track incoming revenue, expenses, and profits.
Once connected, you can quickly view your critical financial metrics in real-time – from cash flow to profits and losses. You can also quickly drill down into specific sales channels to see where you’re making money or losing it.
Synder also supports statements from major US and UK banks and over 150 payment gateways worldwide. And best of all – when you have any inquiries or troubles – their customer support team is always there to help!
Overall, Synder is here to help small businesses manage their finances with ease and accuracy by connecting their sales channels and banking accounts with its powerful platform.
Synder Pricing Plans: Starter, Small, Medium, Scale, and Enterprise Options
Considering a new financial management app can be overwhelming, let us break down Synder’s pricing plans. Synder offers five pricing plans to fit your budget, preferences, and company size.
The Starter Plan ($13 per month) is the perfect starting point for any store just getting started with Synder — it will help you save time by tracking expenses, sales, and taxes across multiple channels and even syncs with your bank accounts. It also has customer support available if you need help.
For those who require a bit more to manage their finances, Small Plan ($28 per month) is the key to remaining on top of it all, with features like double-entry bookkeeping, invoicing, and reconciliation.
When ready to take your enterprise to the next level, Medium Plan ($55 per month) gives you additional goodies such as online payments from customers, customer accounts, and merchant account tracking.
The Scale Plan ($99 per month) is best for businesses wanting to increase their online e-commerce businesses, and it provides multi-channel companies with 1000-5000 transactions/mo.
Finally, the ultimate package, Large ($249 per month), gives you advanced reporting capabilities and up to two additional users for your team.
So whatever level of accounting services you need for your e-commerce business—from starting to growing into tremendous success—Synder has an option that can work for you.
Synder Free Trial
Synder understands how important it is for you to test the waters and ensure Synder is the correct fit for your business before committing. That’s why they offer a 14-day free trial — giving you access to all of Synder’s features without paying a cent.
After creating an account, you can bind your e-commerce store with Synder, where you’ll find all the tools you need to be organized into simple categories on the dashboard. It won’t take long for you to get familiar with the app:
- Accounting – reconcile transactions, add manual entries, review payments and check expenses;
- Inventory – track products, create purchase orders, manage stock levels and keep an eye on costs;
- Taxes – generate reports so you can conveniently review taxes and submit declarations;
- Reporting – find customized information in seconds through beautifully designed real-time reports;
- User Management – assign team members with specific roles, including view and edit permission;
- Integration – easily sync with Shopify, WooCommerce, or Magento stores or upload data from CSV files;
- Security – multiple layers of security measures keep your data safe and secure in its cloud-based environment;
- Support – receive help from the dedicated customer success team via email or live chat whenever needed.
At any moment during the trial period or after it ends, you can upgrade or downgrade Synder’s plan according to changing business needs at no extra cost.
Key S.ynder Features: Inventory, Expenses, Reports, and More
What’s the Synder app all about? It has various features, including inventory management, accounting, expenses, reports, etc. Let’s take a look at each one in particular.
Inventory
With Synder, you can easily track your inventory levels across all stores and channels. Automate low-stock notifications and set up rules to have restocks automatically requested from vendors. This feature allows you to maintain optimal inventory levels and keep costs low.
Expenses
Synder makes it easy to track and manage your business expenses too. It includes rent, equipment purchases, marketing costs, and more. That way, you have total visibility into where your money is going. You can make informed decisions on improving cash flow.
Reports
The reporting feature lets you quickly create overviews of how your business is doing and detailed financial statements with just a few clicks. It gives you the insight needed to identify problems and develop strategies for improvement before they become more significant issues.
With all these features combined, Synder provides the tools for eCommerce businesses to track inventory, manage expenses, produce reports, and much more -all from one platform!
Synder App Alternatives: QuickBooks, Xero, FreshBooks
Although Synder is an excellent choice for those looking to take their e-commerce accounting to the next level, there are others. There are plenty of alternative apps that can help you manage your finances, and each app has its unique features and benefits.
These alternatives include:
QuickBooks
QuickBooks offers many features, from invoicing and payments to tracking expenses. It provides a more comprehensive accounting experience than Synder, with features like balance sheets, accounts receivable/payable, and payroll.
Xero
Xero is another excellent option for keeping your financial information organized — it’s easy to navigate, syncs with most major banks, and offers plenty of tracking tools. It also has various automated features that simplify tracking inventory levels and expenses.
FreshBooks
FreshBooks is an accounting tool specifically designed for freelancers and small business owners. With this app, you can create invoices, track time spent on projects, generate reports on your business performance, and more.
It’s free for up to three clients and includes many integrations with other apps like Slack, Dropbox, and Zapier.
What You Can Do with Synder: Sales Reports, Tax Reports, and Integration
With Synder, you have a range of options for accounting, reporting, and integration. Here are just a few features that are part of the package:
Sales Reports
Easily view your sales performance over time with Synder’s sales reports. Get detailed info on what products customers purchased, when, and from which marketplace so you can spot trends and make better business decisions.
Tax Reports
Synder also has easy-to-access tax reports—the algorithms do the work for you. Their reports give you accurate and up-to-date information on what taxes you owe in each jurisdiction.
Integration
Synder integrates easily with other e-commerce platforms such as Shopify, Squarespace, and Etsy. It also supports many payment processors, like Stripe and PayPal, so you can easily track your transactions. Plus, it integrates with Dropbox, Mailchimp, Google Sheets, and more, so you don’t have to worry about manual data entry.
S.ynder Integration
We also really appreciate the wide range of integration options with Synder. You have many choices, from connecting your Amazon and Shopify stores to integrating with QuickBooks Online, Xero, and Salesforce.
These integrations make it easy to track important data like sales revenue, fees charged, and inventory costs. It’s also helpful that Synder supports CSV files. This option makes it easy to export your data for further spreadsheet analysis.
The integration capabilities of Synder help save time so that you can concentrate on other essential tasks by:
- Automatically import sales and fees related to each store.
- Keeping data organized in one place and up-to-date automatically
- Generating precise product cost information with exact profit margins that can be updated in real-time as inventory costs change.
- Instantly transfer all inventory costs into accounting systems like QuickBooks Online or Xero for automatic reconciliation each month, so you don’t have to transfer numbers over anymore manually!
Conclusion
Given all the features and benefits that Synder has to offer, it is an ideal solution for businesses seeking to streamline their accounting processes. With its ability to easily track income, and expenses, reconcile accounts, generate reports, and integrate with other popular apps, it’s an ideal accounting app for eCommerce businesses.
For those who don’t have an accounting background or who still need to install accounting software, the free trial will make it easy to get started. And with its prices, Synder is still one of the most affordable accounting solutions in the market.
So if you’re looking for an easy-to-use and complete accounting app specifically designed for eCommerce businesses, check out what Synder offers. It may be the answer you’ve been looking for!